This section should describe how the planned or budgeted costs for the project compare with the actual costs. Costs may be affected by scope creep, poor planning, schedule delays, progressive

This section should describe how the planned or budgeted costs for the project compare with the actual costs.  Costs may be affected by scope creep, poor planning, schedule delays, progressive elaboration, or many other factors.  This section should highlight whether or not costs were controlled adequately and if there were additional or excessive costs the reasons should be stated.  It is important to communicate why costs were met or may have been higher than planned so future projects can benefit from this information in building a more effective project management methodology within the organization. This section describes the project’s planned schedule or timeline and how the project measured against this plan.  This information is ful in identifying and understanding what may have contributed to project delays or allowed the project to complete early or on time.  This can then be used by the team members on future projects or be referenced by other project teams for use on future projects.  Archiving project information during the project closure phase is one of the best ways for an organization to improve its project management methodologies and effectiveness. This section should highlight any recommendations and lessons learned which would be of use on future projects.  This is a valuable part of the project closeout phase and organizational project archives.  In the project planning phase one of the first steps is to research organizational archives to identify useful information for planning and executing a project.  These recommendations and lessons learned are one of the most important pieces or project success in any effective project management group.

Do you need us to help you on this or any other assignment?


Make an Order Now
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *